Biopolymers Market size to increase by USD 14.93 billion between 2022 to 2027| The increasing demand for PHA-based biodegradable plastics drives market growth - Technavio
NEW YORK, Sept. 18, 2023 /PRNewswire/ -- The Biopolymers Market size is expected to grow by USD 14.93 billion, accelerating at a CAGR of 10.11% between 2022 to 2027.
- NEW YORK, Sept. 18, 2023 /PRNewswire/ -- The Biopolymers Market size is expected to grow by USD 14.93 billion, accelerating at a CAGR of 10.11% between 2022 to 2027.
- The increasing demand for PHA-based biodegradable plastics drives the biopolymers market.
- However, factor such as the cost-effectiveness of conventional plastics over biopolymers may impede market growth.
- Biopolymers and Bioplastic Market: The biopolymers and bioplastic market is estimated to grow at a CAGR of 14.36% between 2022 and 2027.